SLS: BOD Approves to Take VND300 Bln Loans in VietinBank

a.  Credit limit: VND300 billion

–  Interest rate: the annual interest rate at the contract signing time is 6%.

–  Effective time: up to September 15, 2019

–  Maximum lending time for each business lines:

+ Production for sugar cane industry and products from this sector: 6 months

+ Petroleum trading: 3 months

– Payment to be made before dead line: no fees for payment before dead line.

b. Guarantee limit: VND10 billion

c. Letter of credit (L/C) limit: VND10 billion